The Real Value of Selling at Auction

So how can auctions benefit you, as a seller? Why are they the best way to sell property? 

 

Well, there are a number of reasons:

  • Auctions are a Speedy Process and Have a Quick Turnaround. 
    An auction is immediate.  It happens during a set time and is completed during that time.  It does not go on for hours and hours, nor is a sale held over several successive days.  It is quick and efficient.
  • Auctions focus attention on property and “freeze” sales.  Your property is exposed to a detailed advertising and marketing campaign that results in a public event on a specific day.  The freeze occurs when, rather than spending valuable time shopping and negotiating for a possible sale, the prudent buyers set aside time on your specifically planned day to purchase items with ease and at their highest competitive bid.
  • You Set the Time and Place of Your Sale.
    It is as simple as that.  You work with us to schedule what works best for you and your needs.  Our sales are timely and efficient.
  • You Know Exactly When Your Property Will Be Sold. 
    There is no wondering whether or not your property will sell.  Items sell and they will only sell during the set auction time.  Copper State Auctions has a 98% sell-through rate on all lots offered at auction.  Our aim is to liquidate your property and clear your home.
  • Comprehensive Marketing of Your Property. 
    Part of conducting an auction is marketing it to the general public to get as many people there as possible.  Copper State Auctions has comprehensive contacts that we use to market your property.  We run advertisements, distribute email lists, market to the online audience and attract the casual and professional buyers.  We are marketing specialists.  A good marketing effort can easily bring 100 people to your auction, or more!
  • Buyers Come Prepared to Buy. 
    Auction goers come excited, with money in hand, are prepared to buy and are prepared to go home with property.  Auctions are a seller's delight. 
  • No Negotiations. 
    There is no haggling over price or merchandise.  The auction method is quick and efficient.  When people bid, they make a commitment to buy the property at a price that is considered fair market value and they do so without discussion or debate.
  • No Leftovers and Little Clean Up. 
    Every item at an auction goes up for bid and 98% of every item is sold.  Could you say that about a garage sale or an Estate Tag Sale?  Further, when you are finished, you typically spend hours packing up what did not sell and looking for places to store it or haul it off to the dump.  With an auction, there is no worry about what to do with leftover items because we handle it all.  If there are any items that do not sell, they are donated to charity, recycled or disposed.  This means that a very “green” event is held when you hire us.
  • Competitive Bidding. 
    Auctions motivate buyers to perform.  People get caught up in the competitiveness of the bidding and many times this drives the price of items higher.  To some, it is like a game, and they want to win at all costs (or hopefully for you, at high costs).  Moreover, did you know that nine times out of ten, an auction brings in the fair market value, if not more, for any item put across the auction block than any other means or type of sale?
  • Exciting Atmosphere. 
    There is no more exciting atmosphere than an auction.  Crowds of people competing for property, combined with the lively auction environment makes for some great entertainment and fun.  It makes people feel good and makes them feel like spending.  In addition, auctions are social events, many attend for the social aspect and often end up buying.
  • Auctions Work Well in Both Good and Bad Economic Times. 
    People love auctions, because they love sales.  Statistics show, in a good or bad economy, auctions remain a steady force.  When the economy is poor, the auction industry does not feel the impact: people still flock to auctions and buy.
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